Visiting Nurse deal imminent

Thursday

Mar 6, 2014 at 2:00 AM

By Lindsay Pykosz

lpykosz@inkym.com, @PykoszIM

I&M Staff Writer

The Visiting Nurse Association of Cape Cod announced last month that it has entered into an agreement to acquire the Vineyard Nursing Association, a Medicare-certified agency that has been providing home health-care services to both Martha’s Vineyard and Nantucket and is experiencing financial challenges.

“I reached out to VNA of Cape Cod because I was seeking a partner because we were having financial difficulties with changes in Medicare and Medicare reimbursements were going down,” Vineyard Nursing Association CEO Robert Tonti said last week. “It was clear I wasn’t going to be able to go it alone, so that’s why I reached out to them. I knew the president of VNA of Cape Cod slightly, and also they

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